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UK average farm-gate milk price for December 2020 was 30.38 pence per litre, down 0.9% on November but up 3.3% year on year. Butterfat was 4.30% and protein 3.39%, and December wholesale volumes rose 5.4% month on month to 1,250 million litres.
Higher UK milk volumes and a slight monthly price dip point to ample dairy supply, which weighs modestly on demand for dairy-based feed ingredients.
gov.ukJan 21, 2021After 136 past neutral report events, Milk (Class III) moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
